As part of its administration of the Carbon Farming Initiative during the reporting period, the Clean Energy Regulator received and commenced assessment of:
Thirty-seven offsets entities were recognised. No decisions were made in relation to the 14 project applications, either because the applications were incomplete and required further information, or because the methodology for assessing applications had not been determined. The statutory time frame of 90 days for assessments was not exceeded in any case.
The Clean Energy Regulator is working to build the capabilities required to administer all elements of the Carbon Farming Initiative. During the reporting period, this included the development of forms and guidance material for applicants, enquiry management and standard operating procedures, and information technology capability.
The Clean Energy Regulator engaged with stakeholders to facilitate greater understanding of ways to participate in the initiative and participants’ obligations and responsibilities. This included:
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The Clean Energy Regulator is a Government body responsible for accelerating carbon abatement for Australia.
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